Mankato, MN 56001,221 E Walnut ST
Mankato, MN 56001,221 E Walnut ST
Mankato, MN 56001,221 E Walnut ST
Mankato, MN 56001,221 E Walnut ST
Mankato, MN 56001,221 E Walnut ST
Mankato, MN 56001,221 E Walnut ST
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$ 695,000
Est. payment | /mo

3,049 Sqft Lot


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$ 695,000
Est. payment | /mo
Save

3,049 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Mankato

MLS Listing ID 6686743

Year Built 1920

Annual Tax Amount $5,412

Tax Year 2024

Contingent None

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions .06 acres

Property Sub-Type Apartment

Property Description

This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property's appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don't miss out on this low-maintenance, income-generating opportunity—schedule a showing today!

Location

State MN

County Blue Earth

Zoning Residential-Multi-Family

Interior

Heating Baseboard

Inclusions Building

Fireplace No

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Separate

Present Use Other

Building

Story Two

Foundation 2880

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

Schools

School District Mankato

Listed by Daniel Robinson • True Real Estate
agent
Paul Ekstrom

Broker | Owner | Team Leader | License ID: 40560749

+1(612) 749-8404 | paul@thepauleteam.com

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221 E Walnut ST